Reply #23: There is help for small businesses

[HughMoran]

The exchange will help get small companies into bigger 'pools' to lower rates, the tax credit makes it more affordable for the small business.

"The proposals working their way through Congress include the creation of an “insurance exchange” where both small businesses and individuals can purchase coverage. By pooling risk and spreading administrative costs over larger numbers of people, the exchange will make available high quality plans at affordable rates for small businesses.

The current draft bills also include a tax credit for small businesses that provide health care coverage for their workers. This benefit will make it easier for small businesses to provide coverage. Together with the exchange, these reforms will help small firms’ bottom line, allowing them to focus more of their attention on running their business and creating jobs."

http://www.sba.gov/idc/groups/public/documents/sba_homepage/mills_romers_op-ed.pdf